Guernsey's fiduciary offering
has struck a chord with industry professionals in the Far East,
according to a leading international private client lawyer.
Nick Jacob, Partner, Tax and Private
Capital, Lawrence Graham LLP, chaired the Guernsey fiduciary
seminars during the Island's recent delegation to Hong Kong and
Shanghai.
"Historically many
practitioners in China have been familiar with trust and corporate
structures from the BVI and Cayman but less aware of what other
international finance centres can offer. However, more recently
this has begun to change with Guernsey in particular starting to
get its name known in the region," said Mr Jacob.
"I believe that professionals
in the Far East should be made aware that their high net worth
clients – individuals and institutions – can
benefit from using trust and corporate services in Guernsey. The
Island already has a great heritage of excellence in providing
fiduciary services internationally and its offering